Farmington Office Space

Farmington

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,660
As of: August 17, 2017

Farmington Rates

The typical asking rate per listing is in the $20's per square foot per year. The Farmington region is experiencing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 29% decline in rent.

Farmington Listing Supply

In the last 90 days, 2 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Farmington are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,660 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built in 2014 and are Class B.

Farmington Community

Market Report

Trends and status of the commercial real estate market in Farmington.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Farmington.
Research